Would you are taking out a mortgage realizing your children is likely to be those who end paying it off?
Three years in the past, I predicted we might finally see 40, 50 and even 100-year mortgages in Australia.
Now 40-year loans are right here.
Nobody is providing a 100-year mortgage but, but when property costs proceed rising sooner than incomes, the monetary system will maintain on the lookout for methods to make bigger money owed serviceable.
Could intergenerational mortgages finally change into regular in Australia?
Let me know what you suppose. 👇
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